The required return on assets is $18$ percent. The firm can borrow at $12\mathrm{.}5$ percent; firm's target debt to value ratio is $3/5.$ The corporate tax rate is $34$ percent, and the risk$-$free rate is $4$ percent and the market risk premium is $9\mathrm{.}2$ percent.

What is the weighted average cost of capital? The firm has a beta of $2\mathrm{.}11.$

Group of answer choices

$12\mathrm{.}15$ percent

$13\mathrm{.}02$ percent

$14\mathrm{.}33$ percent

$23\mathrm{.}45$ percent